Another United Auto Workers "Victory"
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UAW Ratifies a Richer Deal with Fiat Chrysler
Update...
UAW Ratifies a Richer Deal with Fiat Chrysler - WSJ
Here are some gold nuggets in case the link isn't working...
...meaning it will be barely acceptable minimum in 4 years.
Looks like there will be at least two more strikes in the near future...
$56,000 without overtime (and without benefits) and guaranteed increases over the next 4 years for base level high school level/unskilled production workers? Get ready for $200k base Corvette's everyone.
Hmmmmmmm...it is not like we have not seen THIS trend before...
UAW Ratifies a Richer Deal with Fiat Chrysler - WSJ
Here are some gold nuggets in case the link isn't working...
UAW President Dennis Williams has described the current agreement as one of the “richest ever negotiated.”
UAW officials intend to use the Fiat Chrysler agreement as a template for talks at Ford and GM, although Mr. Williams has said deals struck at the two more-profitable companies will reflect their stronger financial standings. The labor chief has not yet indicated which one he intends to turn to next.
Demond Clayton, a 29-year-old worker at Fiat Chrysler’s sport-utility factory in Detroit, said he voted yes on both this agreement and the earlier one, noting that pay raises are substantial for workers, especially when compared with other industry sectors. Under this current pact, his pay will jump to about $28-an-hour in four years—about a $9-an-hour pay bump from the wage he earns now.
“For a guy who didn’t finish college, that’s a blessing,” Mr. Clayton said.
“For a guy who didn’t finish college, that’s a blessing,” Mr. Clayton said.
GM and Ford have both reported record quarterly profits in North America this year as low gas prices have fueled surging demand for their lucrative trucks and SUVs.
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And to add insult to injusry...Unions also are forcing the end of Viper's production.
REPORT: The Death Of The Dodge Viper Is In The New FCA Union Contract
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Krinkov
Teh Politics Forum
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11-05-2008 09:33 AM